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Tracking credits, loans and mortgages
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Knowledgebase Tracking credits, loans and mortgages

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I lent some money to my friend. How can I use AceMoney to track his loan payments?

We suggest two methods. Method 1: Create a new account and call it "Friend". Record a transfer from your own account to this account - this will show initial loan amount. When your friend...

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How to track credit cards?

Usually it makes sense to have a separate credit card account and record all credit card transactions as withdrawals into it. At the end of the cycle that account will have some negative balance. As s...

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How to track mortgage payments?

There are several ways to deal with mortgage payments. A typical mortgage payments usually consists of three parts: principal, interest and escrow. The easiest way to record mortgage payments is by...

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